8623.HK
Price:
$0.21
Market Cap:
$30.08M
China Saftower International Holding Group Limited manufactures and sells wires and cables in the People's Republic of China. The company offers copper and aluminium wires and cables for electrical equipment, steel reinforced aluminium bare cables, bare copper wires, and aluminium rods. It also engages in trading aluminum products, such as aluminum strips and ingots; and selling cable accessories. The company serves power companies, manufacturing enterprises, construction and renovation companies, and trading companies, as well as walk-in customers. China Saftower International Holding Group Limited was founded in 2004 and is headquartered in Chengdu, China. China Saftower International Hold...[Read more]
Industry
Electrical Equipment & Parts
IPO Date
2020-07-10
Stock Exchange
HKSE
Ticker
8623.HK
According to China Saftower International Holding Group Limited’s latest financial reports and current stock price. The company's current ROE is 1.18%. This represents a change of -87.22% compared to the average of 9.26% of the last 4 quarters.
The mean historical ROE of China Saftower International Holding Group Limited over the last ten years is 5.69%. The current 1.18% ROE has changed -79.19% with respect to the historical average. Over the past ten years (40 quarters), 8623.HK's ROE was at its highest in in the September 2024 quarter at 18.44%. The ROE was at its lowest in in the December 2023 quarter at -75.87%.
Average
5.69%
Median
2.51%
Minimum
-123.55%
Maximum
45.61%
Discovering the peaks and valleys of China Saftower International Holding Group Limited ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 541.24%
Maximum Annual ROE = 45.61%
Minimum Annual Increase = -37015.70%
Minimum Annual ROE = -123.55%
| Year | ROE | Change |
|---|---|---|
| 2024 | 45.61% | -37015.70% |
| 2023 | -123.55% | 541.24% |
| 2022 | -19.27% | 1.81% |
| 2021 | -18.92% | -1607.82% |
| 2020 | 1.26% | -94.73% |
| 2019 | 23.81% | 19.07% |
| 2018 | 19.99% | 431.67% |
The current ROE of China Saftower International Holding Group Limited (8623.HK) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
15.16%
5-year avg
9.09%
10-year avg
5.69%
China Saftower International Holding Group Limited’s ROE is greater than Guangdong Adway Construction (Group) Holdings Company Limited (8.19%), greater than Polyfair Holdings Limited (-2121.07%), less than Ruixin International Holdings Limited (53.04%), less than NOVA Group Holdings Limited (251.88%), greater than Jiyi Holdings Limited (-590.65%), greater than Space Group Holdings Limited (-20.95%), greater than Indigo Star Holdings Limited (7.17%), greater than China Eco-Farming Limited (-83.20%), greater than AV Promotions Holdings Limited (3.32%), greater than Sino Vision Worldwide Holdings Limited (-619.65%),
| Company | ROE | Market cap |
|---|---|---|
| 8.19% | $17.35M | |
| -2121.07% | $8.49M | |
| 53.04% | $8.82M | |
| 251.88% | $24.65M | |
| -590.65% | $25.85M | |
| -20.95% | $26.11M | |
| 7.17% | $26.00M | |
| -83.20% | $6.50M | |
| 3.32% | $25.20M | |
| -619.65% | $36.71M |
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